---
schema_version: "secwatch.filing_event.v1"
accession: "0000746598-22-000022"
form_type: "8-K"
ticker: "BRC"
cik: "0000746598"
company_name: "BRADY CORP"
filed_at: "2022-03-16T23:59:59+00:00"
generated_at: "2026-06-26T22:32:32.938588+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Brady Corp CEO J. Michael Nauman to retire; Russell Shaller appointed President, CEO effective Apr 1, 2022

## Summary
- CEO J. Michael Nauman retires effective April 1, 2022; remains as consultant until June 17, 2022.
- Russell R. Shaller, SVP and President of Identification Solutions, appointed President, CEO and director.
- Shaller receives base salary of $690,000; annual incentive target 100% of base; equity grants worth ~$2.5M.
- Shaller granted $250,000 in RSUs vesting over 3 years; change-of-control deal: 2x salary + bonus.
- Nauman entitled to special bonus: base salary from Aug 2021 to Apr 2022 times FY22 bonus achievement; 24-month non-compete.

## SEC filing metadata
- accession: 0000746598-22-000022
- form_type: 8-K
- ticker: BRC
- cik: 0000746598
- company_name: BRADY CORP
- filed_at: 2022-03-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746598/000074659822000022/0000746598-22-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746598/000074659822000022/brc-20220310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746598-22-000022
- JSON: https://secwatch.observer/filing/0000746598-22-000022.json
- Plain text: https://secwatch.observer/filing/0000746598-22-000022.txt

## Key facts
- Executive change
  Russell R. Shaller was appointed as President and Chief Executive Officer at BRADY CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: The Company also announced that as of April 1, 2022, Russell R. Shaller has been appointed President and Chief Executive Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/746598/000074659822000022/0000746598-22-000022-index.htm
- Executive change
  J. Michael Nauman departed as President and Chief Executive Officer at BRADY CORP.
  - Action: retiring
  - Role: President and Chief Executive Officer
  source text: On March 11, 2022, Brady Corporation (the “Company”) announced that J. Michael Nauman will be retiring as the Company’s President and Chief Executive Officer, effective April 1, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/746598/000074659822000022/0000746598-22-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.